Buy, Sell or Hold: WSP Global Inc. (WSP-T) — Stock Predictions at Stockchase

TSE:WSP

145.54

3.05 (2.14%) 1d

Showing 1 to 15 of 149 entries

BUY

She's adding at these levels. WSP has executed well. They have fully integrated an acquisition from a few years ago and bought another company, this one in the environmental side. They always garner the premium multiple vs. other engineering companies. She likes WSP for being in consulting and services, not construction. Shares got ahead of itself. Have pulled back as interest rates have risen. S&P executes very well and is not in construction. Valuation is far more reasonable now and deserves to trade at a premium to peers.

Business Services

BUY on WEAKNESS

His preferred name in the space, but currently underweight. Last year, lots of excitement around infrastructure plans. But now concerns about economic slowdown. Best in class. Excellent job of executing on accretive M&A. Not a bad entry point, but be prepared for volatility next 12-18 months.

Business Services

TOP PICK

Last week, they reported strong organic growth across all regions. They will benefit from the infrastructure build next year in the US. Have a great balance sheet and will make more acquisitions. Strong organic growth too. (Analysts’ price target is $175.00)

Business Services

TOP PICK

The stock has come off recently, but has done well in recent years. With its global footprint, it's resilient if the economy weakens this year. It will benefit from infrastructure spending that he expects to come. Solid balance sheet. Well-managed. (Analysts’ price target is $195.43)

Business Services

DON'T BUY

It is way over valued by 30% over fair market value. Historically it has peaked out at 2X book value. It now trades at more than 4X book.

Business Services

HOLD

Believes is a good company. One of the better companies within industry. Services expand across large geographic area. Share price is a little expensive. Global need to build infrastructure will benefit company. Good long term hold if you own shares.

Business Services

TOP PICK

Bought it two years ago. They grow organically as well as through mergers. They made a great acquisition, big in environmental, which closed end-2020. WSP guides growing net revenues past 5% 2022-2024, then continuous margin improvement. Strong balance sheet. Can augment organic growth with new buys. The US infrastructure bill will help their growth in the next two years. Has a global presence, too. (Analysts’ price target is $195.43)

Business Services

WEAK BUY

Engineering firms help build the infrastructure, but then they leave. He prefers to own the companies that build the assets with the engineers, but then collect the cashflows from the infrastructure project over the next 20-40 years. If he were going to choose one, it would be WSP, with its strong growth and good margin profile relative to competitors.

Business Services

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. 5i expects acquisitions to pick up this year. With more acquisitions, it should spark the stock. The broader market sell off has certainly weighed it down. Continues to like the company in the long run with a strong market position and positive economic outlook. Unlock Premium - Try 5i Free

Business Services

PAST TOP PICK

(A Top Pick Feb 19/21, Up 37%) Still likes it, though it has pulled back recently, which makes a buying opportunity. They've made good acquisitions int he past 18 months. End markets--transportation -- will see growth. The infrastrucuture bill will help. Balance sheet still strong despite recent deals.

Business Services

BUY on WEAKNESS

Continues to like it. It's doing well. Buy this only on pullbacks at $170. Likes this space and WSP is well-positioned. Strong balance sheet. They have room to make more strategic buys. They grow organically and through M&A.

Business Services

PAST TOP PICK

(A Top Pick Nov 12/20, Up 105%) Took some profits about a month ago, but remains a core holding. Used their equity issue to make a great acquisition of Golder. All end markets have strong demand. Very strong balance sheet. Expanding geographically. Very well managed.

Business Services

COMMENT

STN-T vs. WSP-T. STN-T is a name he holds since 2015. It went through a consolidation phase and then has done quite well. They are making inroads into the environmental space. STN-T would be his preference.

Business Services

COMMENT

Both companies are fine. If you want to play the infrastructure bill, then he would look at PAVE instead of WSP or STN. PAVE is a good way to play on a diversified basis.

Business Services

PARTIAL BUY

She likes their near- and long-term prospects. WSP shares have done well in the past year. They made key acquisitions in the environmental space. Good balance sheet and strong ESG score. She trimmed her position in recent months, but she still likes this. It's a well-run company in a good business.

Business Services

Showing 1 to 15 of 149 entries

WSP Global Inc.(WSP-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 10

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 14

Stockchase rating for WSP Global Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

WSP Global Inc.(WSP-T) Frequently Asked Questions

What is WSP Global Inc. stock symbol?

WSP Global Inc. is a Canadian stock, trading under the symbol WSP-T on the Toronto Stock Exchange (WSP-CT). It is usually referred to as TSX:WSP or WSP-T

Is WSP Global Inc. a buy or a sell?

In the last year, 14 stock analysts published opinions about WSP-T. 10 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for WSP Global Inc..

Is WSP Global Inc. a good investment or a top pick?

WSP Global Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for WSP Global Inc..

Why is WSP Global Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is WSP Global Inc. worth watching?

14 stock analysts on Stockchase covered WSP Global Inc. In the last year. It is a trending stock that is worth watching.

What is WSP Global Inc. stock price?

On 2022-06-30, WSP Global Inc. (WSP-T) stock closed at a price of $145.54.

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